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495 Nepean Hwy 1,076 SF of Retail Space Available in Chelsea, VIC 3196
Highlights
- High-traffic Nepean Highway location offering outstanding exposure.
- Commercial 1 zoning allowing for a variety of business uses.
- Surrounded by established businesses and strong residential growth.
- On-site parking for approximately six vehicles plus side parking.
- Walking distance to Chelsea Station, Woolworths, and local amenities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,076 SF | 2 Years | $19.71 /SF/YR $1.64 /SF/MO $21,221 /YR $1,768 /MO | TBD |
Ground
495 Nepean Highway offers a prime retail leasing opportunity in a high-exposure Chelsea location. Positioned along one of Melbourne’s busiest arterial routes, this standalone property provides exceptional visibility and strong passing traffic, making it ideal for a variety of retail or service-based businesses. The property comprises approximately 100 m² of flexible space with a prominent shopfront and convenient on-site parking for up to six vehicles at the front, plus additional side parking. Its Commercial 1 zoning supports a wide range of uses, while the layout can be adapted to suit individual business requirements. Located within walking distance of Chelsea Station, Woolworths, cafes, and local amenities, the property benefits from excellent connectivity and a thriving local catchment. Surrounded by established businesses and ongoing residential growth, this site offers a strategic position for operators seeking to capitalize on a vibrant bayside market.
- Corner Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,076 SF | Gross Leasable Area | 1,076 SF |
| Property Type | Retail | Parking Ratio | 3.35/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 1,076 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,076 SF |
| Parking Ratio | 3.35/1,000 SF |
About the Property
The property at 495 Nepean Highway, Chelsea Heights VIC, consists of a standalone retail building of approximately 100 m² with on-site parking for around six vehicles. It is zoned Commercial 1 and located on a high-traffic arterial road, providing strong visibility and accessibility. The site is within close proximity to Chelsea Station, Woolworths, and local amenities, and is surrounded by established businesses and residential development.
- Freeway Visibility
- Signage
- Storage Space
Contact
-
Anna Voon -
VB Pro
Presented by
495 Nepean Hwy
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